Iran Starts Selling Oil To Italy's Eni
BEIRUT, Dec 19 (Reuters) - National Iranian Oil Company (NIOC) has signed a short-term contract with Eni to sell crude, an Iranian official said on Monday, as it seeks to revive the agreement it had with the Italian oil major prior to sanctions on Tehran.
"The National Iranian Oil Company has sold one cargo of crude oil to this Italian company," Mohsen Ghamsari, director for international affairs at the NIOC was quoted as saying by Mehr news agency, adding that the negotiations were underway to sign a long term deal.
"If the deal is signed we are ready to sell 100,000 barrels of crude oil to Eni," Ghamsari said.
He added a contract has also been signed with Italy's Saras to sell crude oil.
Eni was one of the main buyers of Iranian oil prior to the sanctions, which were lifted in January.
(Reporting by Bozorgmehr Sharafedin, editing by Louise Heavens)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Weatherford CEO's Rebound Plan Relies On Getting Smaller
- Iran Says Oil Market Is Too Tight For US Zero Exports Target
- China's Squeezed 'Teapots' Eye Petchem Path To Riches
- Baker Hughes: US Drillers Add Oil Rigs For Second Week In Three
- Venezuela Hands China More Oil Presence, But No Mention Of New Funds